Press Release

Everest – Ghar Dailo Banking Sewa launched in Bhaktapur VDCs

June 24, 2009

It is a known fact that banks do not have access to majority of the people living in the village. Thus as a step towards financial inclusion whereby people living in remote village can have access to modern banking system, Everest Bank launched it’s Everest – Ghar Dailo Banking Sewa in Bhaktapur Region on 24th June 2009. Through this system customers can avail banking facility through a biometric enabled smart card and machine. The customers would be provided with a card on opening an account. The card can be accessed for transaction through a machine held with our authorized correspondent located in the village. Thus the customers don’t have to take the pain of going to cities and towns to avail banking facilities.

Currently the facility would be offered through five VDC viz. Nagarkot, Gundu (Ward No-3 and Ward No –6), Dadhikot, Duwakot, Tathali, in Bhaktapur.
The bank has been offering various innovative products and services since its inception. This new product is a revolution in the banking history of Nepal and is a new breakthrough in terms of banking technology. The uniqueness in the technology lies in the fact that even illiterate people can operate their account through thumb impression. The machine reads accounts through biometric data stored during account opening. Thus the operation of the account is safe and secure.

The product has already been launched at 8 villages in Baglung. The bank also has plans to launch the service in Nepalgunj soon.